Category: African Business
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🇳🇪Niger Takes Control of Uranium Mine Amid Growing Rift with France
The diplomatic spat between Niger’s military-led government and its former colonial power, France, has taken a dramatic turn. In a move that underscores the shifting dynamics of control over Africa’s natural resources, Niger’s junta has seized control of the Somair uranium mine, which had been operated by the French nuclear energy company, Orano. The Somair…
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🇧🇼 Botswana President Promises to Restore Bushmen Rights
The president’s announcement came in the same week as the Botswana government allowed the Bushmen to bury Pitseng Gaoberekwe who died in December 2021 on the group’s ancestral land, ending a drawn-out impasse. The courts had barred the family from burying Gaoberekwe in his ancestral home in the vast and arid Central Kalahari Game Reserve…
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Enemies of Pan-African Consciousness: Lessons from History and the Celestial Alignments
The arc of Pan-African consciousness has always been shaped by forces both earthly and celestial, as if our struggles are written not just in history but in the stars themselves. In tracing the journeys of leaders like Huey Newton, Malcolm X, Martin Luther King Jr., William Richard Tolbert, and Marcus Garvey, we find a sobering…
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🇿🇲 Zambia’s Court Blocks Edgar Lungu from Seeking Third Term
In Zambia, the Constitutional Court has ruled that former President Edgar Lungu is not eligible to seek a third term in office. The court’s decision comes after Lungu announced his return to active politics last year. The country’s highest court determined that Lungu’s first term, served from 2015 to 2016 following the death of President…
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🇹🇩🇫🇷 France flies out 2 Mirage fighter jets from Chad to signal beginning of military withdrawal
The pair of Mirage 2000-D fighters took off after midday from a French base in the capital, N’Djamena, after Chadian military forces came to wish them farewell, and were returning to a French air force base in Nancy in eastern France, French military spokesman Col. Guillaume Vernet said. He added that negotiations with Chadian authorities…
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🇬🇭 Police in Ghana have arrested more than 100 people
Police in Ghana have arrested more than 100 people – mostly opposition supporters of President-elect John Mahama – over acts of lawlessness. Supporters of the newly elected president who want jobs have allegedly attacked some state institutions, looted properties, and engaged in disturbances that have left some police and military personnel injured. The irate supporters…
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🇺🇬 Ugandan military extends detention of opposition leader Besigye
A Ugandan army court on Tuesday further remanded opposition leader Kizza Besigye to prison until next January. Besigye’s defense team had requested a short adjournement but the court marial head sided with the state which demanded a long break. Besigye is charged alongside his comrade Obeid Lutale Kamulegeya with endangering national security and subversion. The…
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🇷🇺Algerian Ambassador Highlights Opportunities and Challenges in Russia-Africa Cooperation
The Algerian ambassador to Russia, Guennad Boumediene, has emphasized the potential for enhanced cooperation between Russia and African nations despite existing challenges in trade and payment systems. Speaking to Russian media, Boumediene underscored the importance of aligning joint projects with Africa’s long-term development goals outlined in the Agenda 2063 framework. “Africa will be grateful to…
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Ethiopia Establishes Transit Customs Points in Berbera Port, Strengthening Trade Ties with Somaliland
The Ethiopian government has officially opened transit customs points at the Port of Berbera in Somaliland. These facilities will facilitate the transport of cargo unloaded at the port to various destinations within Ethiopia, according to an announcement from Somaliland’s Ministry of Financial Development. This development marks a significant step in the implementation of a memorandum…
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🇿🇦🌍 South Africa to push for better credit terms for Africa and other developing nations during G20 presidency
International Relations and Cooperation Minister Ronald Lamola highlighted the significantly higher cost of capital for African countries compared to industrialized nations. He emphasized the need for “revolutionary solutions” to lower interest rates on loans, arguing that Africa shouldn’t face higher rates than developed countries for comparable loans. This focus was a key topic during the…
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